There are many so-called "Ethereum killers", but the ultimate winners are always those investors who are particularly loud, while the real losers are often silent. This phenomenon has led many people to mistakenly believe that betting on Ethereum killers is a very profitable investment, and even believe that Ethereum is bound to be eliminated. However, the reality is that Solana (SOL) has outperformed Ethereum (ETH) this year, while other competitors have performed poorly.
Many so-called Ethereum killers, such as APT, SUI, DOT, ATOM, ADA, AVAX, and ICP, failed because they did not really solve the problems facing Ethereum. They only focused on short-term pull and harvesting, and failed to provide lasting solutions.
As long as Ethereum keeps burning and deflation, it will be enough to maintain its position as the second largest in the market. Those projects that once claimed to surpass Bitcoin and Ethereum often disappeared quietly.
At the same time, we cannot be biased against altcoins. Altcoins not only feed investors in the secondary market, but also provide profit opportunities for participants in the primary market, venture capitalists, project parties, exchanges, and even some local dog enthusiasts. If there is no market for altcoins, the wealth effect will be greatly reduced, it will be difficult for newcomers to enter this circle, and the market funds will also decrease.
If you make enough money, you will leave, and if you lose too much, you will also leave.